Refined Products

Oil prices rise 1% as mood on dollar sours

Oil prices rise 1% as mood on dollar sours

Published 01/09/2020

MELBOURNE/SINGAPORE (Reuters) - Oil prices gained on Tuesday, reversing overnight losses, as investors moved into risk assets and stayed away from the safe-haven U.S. dollar [more…]

Factbox: Oil refiners shut plants as demand losses seen continuing

Factbox: Oil refiners shut plants as demand losses seen continuing

Published 17/08/2020

(Reuters) - Oil refiners are permanently closing processing plants in Asia and North America and facilities in Europe could be next as uncertain prospects for [more…]

Oil climbs on positive China data, rising demand

Oil climbs on positive China data, rising demand

Published 10/08/2020

LONDON (Reuters) - Oil rose on Monday, supported by an improvement in Chinese factory data and rising energy demand as countries eased coronavirus-related lockdowns, but [more…]

Saudi Aramco’s profit plunges, sees signs of oil market recovery

Saudi Aramco’s profit plunges, sees signs of oil market recovery

Published 10/08/2020

DUBAI (Reuters) - State oil giant Saudi Aramco’s profit plunged 73% in the second quarter of the year, as a slump in energy demand and [more…]

Oil steady as virus fears counter positive factory data

Oil steady as virus fears counter positive factory data

Published 03/08/2020

LONDON (Reuters) - Oil prices steadied on Monday, pressured by rising COVID-19 cases around the globe and by oversupply worries as OPEC and its allies [more…]

Marathon Petroleum posts adjusted loss after announcing Speedway sale

Marathon Petroleum posts adjusted loss after announcing Speedway sale

Published 03/08/2020

(Reuters) - U.S. oil refiner Marathon Petroleum Corp posted a smaller-than-expected quarterly loss on Monday, hours after it announced the sale of its Speedway gas [more…]

Oil up on weak dollar though U.S.-China tensions, virus weigh

Oil up on weak dollar though U.S.-China tensions, virus weigh

Published 27/07/2020

SINGAPORE/LONDON (Reuters) - Oil prices edged higher on Monday helped by a weak dollar and expected U.S. stimulus measures but gains were capped by rising [more…]

Oil falls as virus infections rise, eyes on EU recovery plan

Oil falls as virus infections rise, eyes on EU recovery plan

Published 20/07/2020

LONDON (Reuters) - Oil prices fell on Monday as coronavirus cases increased in many countries across the globe, but investors remained cautiously optimistic about ongoing [more…]

Oil dips on surge in COVID-19 infections

Oil dips on surge in COVID-19 infections

Published 13/07/2020

LONDON (Reuters) - Oil prices fell on Monday on a record daily rise in global coronavirus cases, with big spikes in infections over the weekend [more…]

Canada June industrial prices rise on higher energy prices: Statscan flash estimate

Canada June industrial prices rise on higher energy prices: Statscan flash estimate

Published 13/07/2020

OTTAWA (Reuters) - Producer prices in Canada gained 0.4% in June from May, primarily on higher prices for energy and petroleum products, Statistics Canada said [more…]